Word: boom
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Dates: during 1940-1949
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...anxiety to get off the bench, Justice Murphy last week let politicos in his home State of Michigan know that he 1) would like to have the Democratic nomination for Vice President, 2) would resign like a shot if they started a boom...
...blue glare of immense spotlights, to the roar of 15,000 throats, the rousing toot-&-boom of brass bands, Republican doctors worked feverishly over the moribund GOP in Cleveland, June 1936. The patient stirred briefly, collapsed in November. Dreary days followed for the Republican Party. The little flicker of life wavered, almost went out. Yet up-&-down the land plodded one yea-saying, stubborn prophet, preaching Principles, an old-fashioned sermon that was drowned out in the pounding, recurrent crescendos of New Deal swing music...
Meanwhile, Italian air, rail and water transport is touching new highs handling war goods of all sorts, with transatlantic fares jacked up 100%. The trade boom at first got ahead of stock prices. But in November nearly all sectors of the market in Rome began a steady rise. This slacked off last week because the great Italian textile trust Snia Viscosa, known to have fat profiteering spoils, declared only its ordinary dividend. The State was said to be "persuading" all Italy's great corporations to carry war profits as "reserves"-with likelihood that the State may later take most...
After the war those funds almost doubled again, reached $118,604,000 by 1929. But the postwar boom was not a Morgan boom. The partners specialized in bonds (U. S. railroad, utility, Italian government, German Dawes& Young plans) until late in the stock boom, then limited their stock distributions (Standard Brands, Johns-Manville, sprawling United Corp., ill-fated Alleghany) to rich individuals and friends. When the crash came, it was once more the House of Morgan that led the bankers' rescue syndicate: a $240,000,000 attempt to dam the flood of sales. But the effort was futile. When...
...Biggest railroad profit in the land was Pennsylvania Railroad's, 1939 net of $32,032.525, up 90% from 1938. Of this net, 57.9% came from 1939's last quarter when P. R. R. fed lustily on the steel boom. On the other hand, skinny Baltimore & Ohio's achievement was to shave its interest requirements $11,800,000, have only a $1,622,207 deficit in 1939, against...